Oxford Industries, Inc. (NYSE:OXM – Get Free Report)’s stock price traded up 4.4% during trading on Monday . The company traded as high as $38.12 and last traded at $38.35. 11,270 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 382,395 shares. The stock had previously closed at $36.75.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on the stock. Zacks Research upgraded shares of Oxford Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 26th. Citigroup increased their target price on Oxford Industries from $34.00 to $36.00 and gave the company a “neutral” rating in a research note on Tuesday, June 16th. BTIG Research restated a “neutral” rating on shares of Oxford Industries in a research report on Thursday, June 11th. KeyCorp reaffirmed a “sector weight” rating on shares of Oxford Industries in a research note on Thursday, June 11th. Finally, Wall Street Zen upgraded Oxford Industries from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. Seven investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Oxford Industries has an average rating of “Reduce” and an average target price of $40.00.
View Our Latest Stock Report on Oxford Industries
Oxford Industries Price Performance
Oxford Industries (NYSE:OXM – Get Free Report) last announced its quarterly earnings results on Wednesday, June 10th. The textile maker reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.12. Oxford Industries had a positive return on equity of 4.55% and a negative net margin of 2.65%.The business had revenue of $391.40 million for the quarter, compared to analysts’ expectations of $391.76 million. During the same period in the previous year, the firm earned $1.82 EPS. The business’s quarterly revenue was down .4% on a year-over-year basis. Oxford Industries has set its FY 2026 guidance at 2.300-2.700 EPS and its Q2 2026 guidance at 1.200-1.400 EPS. Research analysts anticipate that Oxford Industries, Inc. will post 2.5 EPS for the current fiscal year.
Oxford Industries Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Friday, July 17th. Oxford Industries’s payout ratio is presently -106.06%.
Insider Buying and Selling
In other news, CEO Thomas Caldecot Chubb III purchased 2,500 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was bought at an average cost of $36.90 per share, for a total transaction of $92,250.00. Following the acquisition, the chief executive officer directly owned 30,200 shares of the company’s stock, valued at $1,114,380. This represents a 9.03% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 6.50% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Oxford Industries
A number of hedge funds have recently modified their holdings of the company. Millennium Management LLC grew its position in shares of Oxford Industries by 1,374.3% in the 4th quarter. Millennium Management LLC now owns 326,607 shares of the textile maker’s stock worth $11,170,000 after buying an additional 304,454 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in shares of Oxford Industries during the second quarter valued at approximately $7,195,000. Two Sigma Investments LP lifted its stake in Oxford Industries by 394.9% in the third quarter. Two Sigma Investments LP now owns 191,740 shares of the textile maker’s stock worth $7,773,000 after acquiring an additional 152,995 shares during the period. Lazard Asset Management LLC lifted its stake in Oxford Industries by 569.6% in the third quarter. Lazard Asset Management LLC now owns 174,314 shares of the textile maker’s stock worth $7,067,000 after acquiring an additional 148,283 shares during the period. Finally, Dupree Financial Group LLC bought a new stake in Oxford Industries in the fourth quarter valued at $4,493,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.
Oxford Industries Company Profile
Oxford Industries, Inc, incorporated in 1942 and headquartered in Atlanta, Georgia, is a leading designer, marketer and distributor of high-quality men’s and women’s lifestyle apparel and accessories. The company’s product portfolio features a mix of owned brands and licensed partnerships that span casual, resort and performance categories. Key owned brands include Tommy Bahama, renowned for its island-inspired menswear and women’s sportswear, and Southern Tide, which offers coastal-focused clothing and footwear.
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